The BLU Win HD is the best value for money Microsoft Windows Phone smartphone under $200. The BLU Win HD packs in a snappy quad-core processor, a great 8 MP rear camera and a large 5-inch touchscreen display, all at an affordable price.

The Nokia Lumia 820 has tech specs similar to that of HTC Windows Phone 8X. Both these Microsoft Windows Phone smartphones offer similar performance and cost under $200. The choice between the two essentially boils down to your preference in the looks department.